Traditional Ira Income Limits 2024 Single. But it’s important to consider the exceptions to these contribution limits and the consequences if you exceed them. You can have a traditional ira whether or not you are covered by any other retirement plan.

The 2024 traditional ira income limits are as follows: In 2024, you can contribute up to $7,000 to a traditional ira, a roth ira, or a combination of the two.